Bitcoin just touched its 200-week moving average around $62,000 and bounced
BITCOIN BOUNCES OFF ITS 200-WEEK MOVING AVERAGE$BTC 120,000.00 This level has marked marketed bottom of every major Bitcoin bear market since 2015: December 2018 ("Bitcoin is d#foollow for more March 2020 (COVID panic) November 2022 (FTX collapse) Every single touch produced new all-time highs within 12-24 months
XRP drops 4.5% as heavy selling breaks another support level
$XRP P lost the $1.13 area on elevated volume, leaving traders focused on whether the latest selloff marks a final washout or the start of a deeper move toward $1.00. What to know: XRP slid more than 4 percent to test support around $1.10–$1.12 after losing the key $1.13 level, where selling and trading volume sharply accelerated. The token remains in a broader bearish trend, trading inside a descending channel and below its 100-day and 200-day moving averages, even as momentum indicators approach oversold territory. Traders are watching whether buyers can defend the $1.10–$1.12 zone and reclaim $1.13, with a failure risking a drop toward $1.00 or even the $0.80–$0.90 area.